Venice 5 Asset Management gives property managers the tools to strategically manage how capital assets are setup, distributed, accounted for, verified, depreciated, expensed, and disposed. Combined with the Repair Order module, Venice 5.0 helps property managers maximize the product life obtained from the organization’s investments in capital assets.
As the adjacent diagram and capabilities listed below illustrate, Venice 5 asset management supports the overall lifecycle of the asset, from the time it’s received and set up in the system, through its lifecycle management activities, concluding at the point of disposal.
Capabilities Overview
Quickly setup new assets using available purchasing data.
Create or import maintenance schedules for each asset with workflow notification when maintenance is due.
Record asset warranty data with workflow notification prior to the expiration date.
Issue assets to custodians by either the location custodian or end-user level.
Sign-off issue tickets and/or renewals electronically.
Monitor actual maintenance performance within the system.
Add new assets to the system through the user friendly PocketVenice interface.
Utilize barcode scanning for asset entry and verification.
Establish custom location hierarchy as best fits your organization.
Use drill-down location hierachy to graphically select the appropriate location level of interest for analysis.
Track each asset’s historical data with full audit trail.
Automatically add fixed assets during completion of Purchase Order receipt (for purchase orders produced within Venice).
Assign components to fixed assets and track total combined asset value for depreciation and reporting.
Track lease cost and value costing.
Automate transfers of assets from one person to another, or from one location to another.
Track unassigned assets that are currently located in a warehouse site as inventory.
Benefits
Download Venice Asset Management Overview
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